AVIC Aircraft (000768) Stock Price, Fundamentals & Analysis

What 000768 does

AVIC Aircraft (000768) is a Shenzhen Stock Exchange-listed company in the Industrials sector, specifically the Aerospace & Defense industry. Headquartered in Xi'an, China, it researches, develops, manufactures, sells, maintains, and services military aircraft and military and civilian aviation parts. The company provides large and medium-sized military transport aircraft, bombers, and special purpose aircraft, and it develops key components such as fuselages and wings for the C909, C919, AG600, and MA series aircraft. It also manufactures wings and fuselages for the Airbus A320/A321 series and vertical tail and inboard flaps for the Boeing B737 series, alongside offering aviation engineering technical support, customer service, technical information, user training, and aircraft parts support. Formerly known as AVIC Aircraft Co., Ltd., the company was incorporated in 1997 and employs 24,751 people.

Key numbers explained

• The current price is 22.1 CNY, down 2.69% today, with a 52-week range of 19.2 – 31.96 CNY and a 12-month price change of -13.7%.
• The trailing P/E ratio of 65 divides the current price by the last twelve months' earnings per share of 0.34 CNY, showing how the market prices each yuan of recent earnings.
• The forward P/E ratio of 47 uses expected future earnings, offering a look at how the market values the company's anticipated profit growth.
• The dividend yield of 0.68% tells you the annual dividend as a percentage of the current price, with 44% of earnings paid out as dividends and an ex-dividend date of 23 iun. 2026.
• Market capitalization of 61.45 mld. CNY reflects the total value of all outstanding shares.
• The beta of 0.35 suggests the stock tends to move less than the overall market, often interpreted as lower volatility.
• Revenue of 35.78 mld. CNY over the trailing twelve months shows a year-over-year decline of -34.6%, while the profit margin of 2.7% and operating margin of 3.3% indicate how much of each revenue yuan remains as profit after costs.
• The debt-to-equity ratio of 20.1% and price-to-book of 2.74 provide additional context on the company's leverage and how the market values its net assets.

What to watch

• The company's exposure to both military and civilian aviation programs means its fortunes can shift with government defense budgets and commercial aircraft demand.
• As a major supplier of components for programs like the C919 and Airbus A320/A321 series, production cycles and order books for these aircraft are relevant.
• The significant year-over-year revenue decline of -34.6% and the relatively low profit margin of 2.7% are worth monitoring for signs of margin pressure or operational challenges.
• The low beta of 0.35 and modest dividend yield of 0.68% are characteristics that can appeal to certain investors, but they also reflect the stock's defensive and income profile.
• AVIC Aircraft is part of the CSI 300 index, which means its movements can be influenced by broad Chinese large-cap fund flows.
• Investors tracking the Shenzhen Stock Exchange may also look at peers such as Ginlong Technologies (300763), S.F. Holding (002352), Sungrow Power Supply (300274), GUOXUAN HIGH-TECH (002074), ZHEJIANG SANHUA INTELLIGENT CONTROLS (002050), Xinjiang Goldwind Science & Technology (002202), and Shenzhen Inovance Technology (300124) for sector context.